604-236 Albion Road, Toronto, ON
Elms-Old Rexdale, Toronto · MLS® W13845068
About this home
In short
- Spacious 3-Bdrm, 2-Bathrm Condo.
- This generously sized unit features a functional open-concept layout ideal for families and everyday living.
- The oversized primary bedroom comfortably accommodates a king-size bed and features a large closet and private 2-piece ensuite.
- Unbeatable location: TTC transit is right at your doorstep with convenient connections to the subway, while Hwy 401 and Hwy 400 are easily accessible for commuters.
Spacious 3-Bdrm, 2-Bathrm Condo ! Welcome to this bright, immaculate well-maintained carpet-free condo offering an exceptional combination of space, comfort and convenience in the established Elms community. This generously sized unit features a functional open-concept layout ideal for families and everyday living.The expansive living and dining area is enhanced by large windows that fill the space with natural light and walk out to a private open balcony with unobstructed views-perfect for morning coffee or relaxing outdoors. The functional kitchen offers ample cabinetry, generous counter space and room for casual dining, providing plenty of storage and workspace for the home chef.The oversized primary bedroom comfortably accommodates a king-size bed and features a large closet and private 2-piece ensuite. Two additional generously sized bedrooms offer excellent flexibility for children, guests, a home office or additional living space. A dedicated in-suite laundry room with additional storage adds everyday convenience and is a rare advantage.Enjoy excellent value with maintenance fees that include heat, water and building insurance-you only pay hydro. Residents of this secure, well-managed building have access to a fitness centre, party room and ample visitor parking.Unbeatable location: TTC transit is right at your doorstep with convenient connections to the subway, while Hwy 401 and Hwy 400 are easily accessible for commuters. Nature lovers will appreciate being steps from the Humber River Recreational Trail and close to Weston Golf & Country Club. Enjoy easy access to schools, shopping and everyday essentials, including The Elms Junior Middle School, Melody Village Plaza, No Frills and Shoppers Drug Mart.Move-in ready. Offering exceptional space, value and connectivity. Some images in this listing have been digitally enhanced or AI-generated for visualization purposes.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13845068
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199 sq ft
- Cross streets
- ALBION RD/WESTON RD
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $977/mo
- Exposure
- South
- Property tax
- $920 / 2026
- Days on market
- 15
- Listing brokerage
- META REALTY INC.
Rooms
2 Pc Ensuite
window · closet · laminate
4 Pc Bath
Combined w/Living
window · 2 pc ensuite · walk-in closet(s)
stainless steel appl · b/i dishwasher
combined w/dining · w/o to balcony
Listed at $429,999, about 13% above our estimate of $381K (homes like it typically land between $354K and $400K).
Why $381K. The typical condo sold in Elms-Old Rexdale over the past year went for about $382K (23 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.
Total price vs nearby homes. Fair value about $381K, learned from recent GTA sales.
The market behind the math:
About 12 months of inventory: 16 condo apartment homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $391/sqft against an area asking average of $372/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $394K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Braeburn Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($391/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 15 homes sold in this building over the past two years, from 42 closings in Elms-Old Rexdale.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $401/sqft; this home lists at $391/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,798 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $589K | 1052 |
| November 2025 | $569K | 834 |
| December 2025 | $545K | 659 |
| January 2026 | $565K | 593 |
| February 2026 | $575K | 722 |
| March 2026 | $565K | 974 |
| April 2026 | $565K | 1042 |
| May 2026 | $560K | 1011 |
| June 2026 | $558K | 1120 |
| July 2026 | $560K | 1030 |
| August 2026 | $548K | 882 |
| September 2026 | $540K | 879 |
Neighbourhood & location
Elms-Old Rexdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $343,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,902
- Property tax
- $77
- Condo / maintenance fees
- $977
- Heating
- $0
- Estimated monthly cost
- $2,956
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,075
- Toronto municipal land transfer tax
- $5,075
- Estimated closing costs
- $10,150
Plus your down payment of $86,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $114,122
- Principal paid down
- $42,030
- Interest paid
- $72,091
- Balance remaining
- $301,969
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 9 whole-home leases in Elms-Old Rexdale signed at a median of $2,749 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,939. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of META REALTY INC.. MLS®/PropTx.